Taesung FY 2025 Annual Report
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Filed: March 23, 2026· period ending December 31, 2025DART

Taesung annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 23, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).

Taesung FY 2025 Annual Report Analysis

Business Overview

  • PCB manufacturing and 2nd battery material process equipment revenue KRW 27.4B in FY2025, with PCB wet process devices core segment
  • 2nd battery anode horizontal transfer plating equipment patented in June 2024, improving film tension control and damage prevention

Management Discussion & Analysis

  • Revenue KRW 37.9B, down 36.1% YoY; operating loss KRW 2.5B, turning from operating profit KRW 6.0B prior year
  • Net loss KRW 2.5B in FY2025 vs net income KRW 6.0B in FY2024, marking a sharp negative turnaround

Risk Factors

  • Foreign exchange exposure USD asset KRW 6.47B, liability KRW 0.33B at FY2025 end; 10% USD move impacts pre-tax profit by ±KRW 112.5M
  • New liquidity risk exposure: contractual financial liabilities due within 1 year KRW 38.27B, largely from borrowings KRW 22.19B and payables KRW 7.98B

Taesung FY 2025 Key Financial Metrics
DART

Total Assets

KRW 172.5B

+116.7% YoY

Operating Cash Flow

-KRW 9.7B

-317.3% YoY

CapEx

KRW 37.5B

+102.4% YoY

Source: KIFRS consolidated financial data from Taesung annual report on DART. All figures in KRW.

Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding